Ft Fbt Discussion Threads

[nickb] 13/9/2018 17:47

Agreed Mindblowing how little money we have spent to have developed the technology and products we have now.

[bonio10000] 13/9/2018 17:14

Year ended 31 Dec 2012 they turned over £800K plus.

They have literally spent about £15m and 6 years to bill less.

Mind blowing.

[chriscallen] 13/9/2018 17:07

Today's reported figures for share transactions were:

Sales 117,369
Purchases 237,860

The share price, of course, fell.

Why, oh why, haven't the BoD changed the MM?

[bonio10000] 13/9/2018 14:40

I see he went to Aus as well.

[chriscallen] 13/9/2018 14:15

Didn't Neil Roberts survive too but in a different job? Last time I looked he still had FBT as his employer.

Max appears to have posted more Tweets in the last month than in the rest of his previous time with FBT. He's either on piecework rates or he thinks they have finally got a real prospect of sales.

[bonio10000] 13/9/2018 13:09

He was the only one to survive the cull - so he must have something about him

[sickness] 13/9/2018 13:08

Max mcgonigal must be excited. I've never seen him post so much on twitter.

Also I notice that fbt are paying for promoted tweets.

Despite the poor results I still have fingers crossed that there may be some good news soon 😕

[bonio10000] 13/9/2018 11:25

Unfortunately not - although I have a boxer.

FBT is the other dog i own.

I agree on the price - but when 4 years later revenue is stagnant despite this and that and 4 fundraisings - the price is correct.

[chriscallen] 13/9/2018 11:11

bonio1000 (Incidentally are you a member of the Bonio Dog Biscuit billionaire family? My dog really likes them!) I've given up judging things by the share price until I see the following days notifications. There are too many times when there is an apparent wave of selling and then a couple of delayed purchase notifications justified as not being made public on execution because they were too big (market manipulation is the term I would use). Was it last week or the week before that the ordinary investor was scalped yet again by these AIM spivs?

But you are right in one respect: good news as ever has been met by a falling price.

[nickb] 13/9/2018 10:00

Mac Blackbird Edge =
Game-Changer

Huge number of MacBook Pro’s out with film crews across the world.
Simple connection into our Cloud 😀

[bonio10000] 13/9/2018 09:18

Another great day for the share price.

[paulcon1] 13/9/2018 09:06

McSean

Just thinking....

If FBT's AI capabilities are advanced and cutting edge then our concerns maybe a reason for the company NOT to be sold to major tech company.

IMHO

[chriscallen] 13/9/2018 09:00

Just been looking at what the BBC are saying about their R&D.

"The Edinburgh Fringe is a good example, with tens of thousands of performances at hundreds of little venues across the city. Bringing shows like this to new audiences, using small, unobtrusive camera rigs, is our first use case for AI in Production." As I recall The Fringe is usually in August so it appears they had their first field test with AI only a matter of weeks ago. They appear to be a bit behind the curve.

They also say that they are using the H265 codec. I am no technical man but isn't that designed pre Cloud technology?

With all of their resources they ought to be way out in front but it doesn't look as if they are. It looks more like a justification for their high cost R&D department continuing to exist in the face of cost cuts. As one of my former bosses observed "Just look at all those savings waiting to be made".

[paulcon1] 13/9/2018 08:54

McSean

Hi....

Let me know if you dig up any interesting info on FBT/Armed Services/AI .. My thought, is it would be used for defence and surveillance and using the cloud for data storage with a mechanism to protect against viruses/hackers etc which could be utilized by NHS etc

Like SSB, I cannot imagine Mr Streater allowing his technology to be used for negative use.

The AI world and its capabilities scares me though from a personal freedom of information and usage standpoint so its worth the question.

Have good week

[nickb] 13/9/2018 08:21

Great to see Blackbird Edge for MAC finally released.

Important for widespread adoption.

[wgf1] 13/9/2018 07:43

https://www.bbc.co.uk/news/technology-45499784Reasons for BBC declining our tech?

[bonio10000] 13/9/2018 05:07

It's not like a fair amount of petrol is Saudi Arabian or anything like that.

[mcsean2164] 13/9/2018 01:32

Hi Paul,

Tbh, I want to follow up on the military aspect and just haven't got around to it yet.

My take, sadly IM is dreadful, he's high level management and doesn't seem capable of understanding or promoting the product. A very simple line, blackbird is X better than h264 would help.

[chriscallen] 12/9/2018 20:23

Article by IM

hxxps://www.blackbird.video/wp-content/uploads/2018/09/IPTVMagazine_2018.pdf

[paulcon1] 12/9/2018 16:33

McSean

Hope all is good

What are your thoughts on the Half Year results?

[paulcon1] 12/9/2018 12:40

Same RNS

'The net proceeds of the Placing, which will be approximately GBP2.81 million, will be used to finance further sales, sales support, sales implementation and product development support where necessary and to support working capital through to profitability and cash generation'

D Main - Dec 2016

Classic 'Through to profitability' line. No need to further raise then!

GL

[bonio10000] 12/9/2018 12:31

How he has a job and how he got £100k last year (i.e. 15% ish of sales in salary) I have no idea.